Question

A total of Rs 50000 is to be distributed among 200 persons as prices. A price is either Rs 500 or Rs 100. Find the number of each type of prizes

Answer 1

(500 ×X ) + {100 × (200-X)} =50000

500X + 20000 -100X= 50000
400X= 30000
X= 75


Total 500 Rs prize = 75
Total 100 Rs. prize = 200-75=125


75 and 125